Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 269.96 | −0.0121 | get 0.0121% / 8h | 1h 40m | $981K | $351K | — | Long BingX | |
| SHORT | 269.55 | −0.0134 | pay 0.0134% / 8h | 1h 40m | $152K | $105K | 20x | Short MEXC |
Price gap−0.152%8340s
Funding gap−0.0013% /8h
Both sides work against this direction now: funding costs $0 a day on $10k and the gap is 0.152% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0−0.0013% /8h now · paid +0.005% over the last 7D
Price—spread −0.152%8340s now · prices read too far apart to compare
Costsno datano order book for BingX
Result, before costs—no pointsneeds both prices read together
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.152%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hCME on 2 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for BingX: its slippage is not counted.
- Note: Margin at max leverage— + $500BingX —, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$0.39Long BingX: 3 payments, +$3.63; short MEXC: 3 payments, −$4.02.
- Watch: Prices read 2 h apart−0.152% vs 0.000%Part of this gap may be the market moving.
- Watch: Short leg is thinner$152K vs $981K OIMEXC sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · MEXC YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0002%/8h × 21 periods+$0.50
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for BingX—
Fee BingX bp × 2 orders−$10.00
Fee MEXC bp × 2 orders−$20.00
Net, fees only · 7 days · $10k−$29.50
price spread not counted: prices read too far apartCosts to cover0.300%Break-even420.0 days
Slippage: BingX: no order-book sample; MEXC: live order book, 47 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX—————
SELL · SHORTMEXC5.0145.0 bp−$45178.3 bp−$1,783235.8 bp−$23.6Kdoesn’t fit
Closing costs about the same again.
BingX: no data.
| 10-04 16:38 | Phemex | Other | CME paused 24/7 WTI futures. 👉 A useful reminder: Continuous trading does not automatically create continuous price discovery. For physical commodities, benchmark integrity comes first. For crypto-native TradFi perps, the product is different: continuous, derivative-based access to the market view. @Phemex_official on X ↗ |
| 10-03 13:22 | Phemex | Other | The SEC approved a path for 3x Bitcoin and Ether ETP listings. That matters for market structure. But remember: 3x daily exposure ≠ 3x long-term returns. These products use CME futures, reset daily, and can diverge sharply in volatile markets. More access. More complexity. Crypto is entering a deeper product era. Full breakdown in the reply. @Phemex_official on X ↗ |
| 10-03 05:20 | Kalshi | Other | JUST IN: CME Group suspends plans for a 24/7 10-barrel crude oil contract, citing "it could add risk" @Kalshi on X ↗ |
| 10-02 16:30 | Vest Markets | Other | Index futures are higher on the session, with $ES up around 0.65% and $NQ around 1.10% on ranges near 1.1% and 1.7%. September payrolls were 29,000 versus 90,000 expected, with the unemployment rate at 4.2% and July revised to a loss of 10,000. Wage growth was 3.0% year over year, with CME FedWatch showing October hike odds near 17%. @VestExchange on X ↗ |
| 09-30 15:00 | Vest Markets | Other | Index futures are recovering into quarter-end, with $ES up around 0.5% and $NQ around 0.7% on ranges near 0.8% and 1.2%. August core PCE was 3.0% versus 3.3% expected, with the monthly reading at 0.2% and the 2-year yield down 4 basis points after the PCE release. CME FedWatch shows October hike odds near 50%, sharply lower than a day earlier, with September payrolls due Friday. @VestExchange on X ↗ |
| 09-24 09:32 | ApeX Omni | Listing | 5 up, 81 down on the ApeX board. Median name -6.6%. litecoin:native +9.2% is the only real bid, riding the old-coin rotation that took bitcoin-cash:native up 30% this week after CME said it will list Bitcoin Cash futures on 19 Oct. $SPX -14.1% is the extreme. @OfficialApeXdex on X ↗ |


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